Answer to Question #170166 in Management for Daniyal Naqvi

Question

contrast the advantages and disadvantages of evaluating employees by absolute standard and relative standard?

Answer 1

Answer:

Introduction:

Absolute standards refer to a technique in executing the executive's sys­tems whereby representatives are estimated against organization set perfor­mance prerequisites. Relative standards refer to a technique in the execution of the board sys­tems whereby representatives' exhibition is contrasted with that of different workers. 

Explanation:

The advantages of Absolute Standard

•  In absolute standard, the representatives can be surveyed as satisfactory against the outside norm.
• In the absolute standard, representatives are contrasted with one another.

The advantages of Relative Standards: 

• In relative standard, if an association has an exceptionally set number of advancements or dollars to allot, rankings can be precious in separating among employees. But the inconvenience is they are not powerful in enormous and various gatherings.

The disadvantages of Absolute Standard: 

• In Absolute Standard, an association cannot have an exceptionally set number of advancements or dollars to allot; rankings can be precious in separating among employees. But the inconvenience is they are not powerful in enormous and various gatherings.

The disadvantages of Relative Standards: 

• In relatives' standards, the representatives cannot be contrasted with one another.
• In relative standard, the representatives cannot be surveyed as satisfactory against the outside norm.

Conclusion:

Therefore, Absolute standard assessment techniques include the paper evaluation, the basic occurrence approach, the agenda rating, the realistic rating scale, the constrained decision stock, and the typically an­chored rating scale (BARS). Relative standard assessment strategies incorporate gathering request positioning, indi­vidual positioning, and combined correlations.